Should principals explain and justify their evaluations? In this paper the principal's evaluation is private information, but she can provide some justifications by sending a costly message. Indeed, it is optimal for the principal to explain her evaluation to the agent if and only if the...

The paper assesses the communication strategies of the Federal Reserve, the Bank of England and the European Central Bank and their effectiveness. We find that the effectiveness of communication is not independent from the decisionmaking process in the committee. The paper shows that the Federal...

The EURO-SOLAR Programme (Financing Agreement 2006/17-223) was designed in 2006 and implemented in eight Latin American countries as from 2007, focusing its activities in the poorest countries of the subcontinent (Guatemala, Honduras, El Salvador, Nicaragua, Ecuador, Peru, Bolivia and Paraguay)....

The central scope of the evaluation is the Commission’s co-operation strategy with the region of Eastern and Southern Africa and the Indian Ocean (ESA-IO) and its implementation for the period 1996-2007 with the objective of: -providing the European Commission’s relevant external cooperation...

PURPOSE AND SCOPE The assignment’s global objective is to assist the Directorate General for Neighbourhood and Enlargement Negotiations (DG NEAR) and the concerned Delegations of the European Union (EUDs) and the European Union Office in Kosovo (EUOK) in improving the programming and...